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Anyone that didn't pass Stam planning on taking FAM. my question is what will be tested in FAM I was told if we have already studied for Stam it shouldn't be too bad but I'm assuming it doesn't combine all of LTAM as well?

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The syllabuses (syllabi?) are out.

For STAM side, it's most of the first section, minus splices, frailty, basically the trimmings. Basics of MLE section, but no variances or score test stuff. Only classical credibility (so that's the biggest cut down). And most of last section, but some of the more advanced reserving and ratemaking is removed. The main addition to S side is a piece on options.

For L side, it's basically the "basic" stuff from LTAM. Survival models, annuities, insurance, premiums, and reserves. And that para/non para survival estimation section. But Pensions, profit testing, markov, multiple state/dec has all been removed.
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Go to coaching actuaries for FAM, look at the formula sheet. That does a pretty good job showing what is/isn’t tested on FAM from STAM, also shows you roughly what you need to learn from LTAM.
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Think of it as if STAM and LTAM got cut up and rearranged into two new exams. FAM is sort of beginner STAM and beginner LTAM put together and then ASTAM/ALTAM are advanced STAM/LTAM. I can’t guarantee that’s exactly how it will pan out but that’s the idea. FAM is definitely not “all of STAM and all of LTAM”. If SOA implements this competently then FAM + ASTAM or FAM + ALTAM should be roughly equivalent to STAM + LTAM, just arranged differently and more emphasis on the one that’s going to be more relevant to your career.
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Loosely speaking, FAM has two halves, FAM-S and FAM-L, which are watered down versions of STAM and LTAM respectively. If you have already taken LTAM, then you only need to take FAM-S, which is STAM plus some material on options but minus Bayesian credibility, Buhlmann credibility, variances of MLEs, and a handful of rarely tested topics (e.g., no (a, b, 1) distributions, frailty models).

If you haven't taken LTAM, then you will need to take all of FAM, which will include many but not all of the former LTAM topics. If you are in this situation, then after you pass FAM you will also have to take either ALTAM or ASTAM, the A standing for advanced, and roughly speaking those cover the harder topics from either LTAM or STAM (your choice) and in written form rather than purely multiple choice.

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